Eliza is a dynamic entrepreneur and a member of the business group Bora. She is around 57 years old, a widow, and the mother of 4 children, some of whom have their own households. The customer sells clothes (pagnes, highly colourful and decorative West African clothing). She sets up her merchandise at the Virunga central market. She started her business with her own funds, received from her eldest daughter and has been in business for over 12 years. This new loan will allow her to buy new merchandise (6 sets of pagnes). She also aims to increase her business and to spend the rest of her life in peace. The customer warmly pays tribute to the initiative of the Hekima microcredit program and its actions dedicated to poor, non-bankable women.
La cliente Eliza est entrepreneur dynamique, membre du groupe d’affaire bora, âgée d’environ 57 ans, veuve, mère de 4 enfants parmi les quels certains ont leurs propres foyers. La cliente est vendeuse des habits (pagnes). Elle s’installe au marché central de Virunga. Elle démarra son activité avec un fonds propre reçu de sa fille aînée. Il y a plus 12 ans, elle est en activité. Ce nouveau prêt doit lui servir de s’approvisionner avec des nouvelles marchandises (6 doubles des pagnes). En plus, elle ambitionne agrandir son entreprise, passer le reste de sa vie en paix. La cliente salut chaleureusement l’initiative du programme de microcrédit de Hekima pour ses actions dédiées aux pauvres femmes non bancables.
HEKIMA is a microfinance institution headquartered in Goma, Democratic Republic of the Congo (DRC), with branch offices in Goma and Bukavu. HEKIMA aims to contribute to the transformation of the economic, social, and spiritual lives of the economically active poor of the DRC. To this end, HEKIMA provides its clients with solidarity group loans to support income-generating activities. Despite ongoing instability and violence in its operating areas, HEKIMA continues to keep its doors open and provide credit and savings services for its over 90% female clientele.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.